Governance

Reale Foundation Governance Bodies

Reale Foundation is managed by a Patrons Committee consisting of each participating Group Company which in turn appoints a natural person to represent it. As per Art. 11 of the Articles of Association, the Patrons Committee is the supreme governing body of the Foundation.

The Patrons Committee is accompanied by an Arbitration Committee, whose role is to verify the alignment of the Foundation's activities with the ethical principles that guide the Group.

Reale Foundation has also chosen to establish an Operational Committee, consisting of representatives of Group companies, with consultative functions to analyse project proposals and the annual program to be presented to the Patrons Committee.